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CITY OF LINO LAKES, MINNESOTA
<br />DEBT SERVICE FUNDS
<br />COMBINING STATEMENT OF REVENUES, EXPENDITURES
<br />AND CHANGES IN FUND BALANCE
<br />For the Year Ended December 31, 1999
<br />With Comparative Totals For The Year Ended December 31, 1998
<br />Revenue:
<br />General property taxes:
<br />Current and delinquent
<br />Fiscal disparities
<br />Intergovernmental:
<br />State:
<br />HACA and equalization aid
<br />Special assessments:
<br />Current and delinquent
<br />Prepayments
<br />Penalties and interest
<br />Investment earnings
<br />Lease Revenue
<br />Total revenue
<br />Improvement Improvement Improvement Improvement
<br />Bonds of Bonds of Bonds of Bonds of
<br />1992A 1996A 1998A 1998B
<br />28,739
<br />5,624
<br />34
<br />34,397
<br />$ S $ 113,667
<br />16,967
<br />797,258
<br />14,770
<br />13,353 -
<br />66,263
<br />5,958 2,292
<br />803,216 15,645
<br />211,667
<br />Expenditures:
<br />Debt service:
<br />Principal 270,000 625,000 - -
<br />Interest 153,850 194,550 198,225 92,703
<br />Refunding bond issuance costs - -
<br />Fiscal charges 750 2,049 125 125
<br />Total expenditures 424,600 821,599 198,350 92,828
<br />Revenue over (under) expenditures
<br />(390,203) (18,383)
<br />(182,705) 118,839
<br />Other financing sources (uses):
<br />Operating transfer from Capital Project Funds 423,850
<br />Bond proceeds -
<br />Payment to refunding bond escrow
<br />Total other financing sources (uses) 423,850
<br />Net increase (decrease) in fund balance 33,647 (18,383) (182,705) 118,839
<br />Fund balance
<br />Beginning of year, as previously stated 23,217 975,151 262,956 649
<br />Prior period adjustment - -
<br />Beginning of year, as restated 23,217 975,151 262,956 649
<br />Fund balance - December 31 $ 56,864 $ 956,768 $ 80,251 $ 119,488
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